Group 1 - Starbucks announced a series of personnel changes aimed at accelerating its return to core values, including the appointment of Mike Grams as Chief Operating Officer [1][2] - The changes do not affect the China market, where CEO Liu Wenjuan continues to report directly to CEO Brian Niccol [1] - The restructuring aims to enhance the design, construction, and operational levels of Starbucks stores and to build a world-class supply chain [1] Group 2 - The Chief Legal Officer Brad Lerman will leave Starbucks in the coming months as part of the necessary changes to realign the company’s performance with expectations [2] - CEO Brian Niccol emphasized the need for additional organizational changes to promote tighter collaboration among teams and strengthen leadership accountability [3] - Starbucks' revenue in China reached $739.7 million in the second quarter of fiscal year 2025, reflecting a 5% year-over-year growth, with same-store sales increasing by 4% [3]
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